Important upcoming events and publications for November, 14 (GMT):
09:30 U.K. Inflation data can seriously affect the position of currency pairs with GBP. Most attention should be paid to the Consumer Price Index dynamics. Weak data is able to put the Pound under the pressure, raising doubts that the Bank of England will soon tighten the policy tone.
10:00 EU Industrial production is a hardly strong market mover. However, the weak EUR positions will increase the sensitivity to the news. Weaker than expected data could return the pressure on the euro.
13:30 The US Consumer inflation can have a serious impact on the USD quotes, in case of the deviations from the forecasts. The consensus is to keep the inflation at 2.2% y/y. The US dollar acceleration is likely to be favorable.
See the detailed Economic calendar here
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
